By Akinyi Winiefred
In an effort to enhance tax compliance, URA has engaged young entrepreneurs in Busia district on the legalities of conducting cross-border trade.
The week-long conference at Syamalede Bible College in Lumino sub-county, Busia district, brought together young entrepreneurs engaged in cross-border trade, bodaboda riding, salons, mechanics and other trades.
The event, organized by the Samia-Bugwe archdeaconries aimed at equipping them with knowledge and skills to navigate the complexities of tax compliance.
Samuel Kanakulya from tax education took to the stage emphasizing the importance of acquiring a Tax Identification Number (TIN) and registration requirements. He stressed the need for record keeping and understanding the presumptive tax schedule.
Kanakulya cautioned against smuggling, highlighting its risks, including loss of money and merchandise, and the inevitability of apprehension.
Bernard Okudoi, a mechanic and self-confessed smuggler, shared his perspective, citing cheaper costs of products from Kenya. He questioned why he should pay extra for a motorcycle in Uganda when it’s cheaper in Kenya. Okudoi also mentioned the disparity in motorcycle registration requirements between the two countries.
Other youths echoed Okudoi’s sentiments accusing tax officials of high-handedness, selective law application, corruption, and “double taxation” from various government entities.
Kanakulya addressed these concerns, explaining government policies aimed at protecting local manufacturers and clarifying the differences between local council fees, license fees, and domestic taxes. He encouraged the youths to report corruption cases, reiterating URA’s zero-tolerance policy.
As the conference progressed, the youths began to understand the importance of tax compliance and the benefits of legitimate trade. They learned about the resources available to support their businesses and the role they play in contributing to Uganda’s economic growth.
The conference concluded with a renewed sense of purpose among the young entrepreneurs. They left with a better understanding of tax laws and a commitment to operate within the legal framework, eager to grow their businesses and contribute to their community’s development.
